The Series E round was led by Lightspeed Venture Partners, also an investor in Stability AI and AI music generator Suno

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Company swung to an operating loss of £33.26 million

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Platform was founded by DJ and producer Josh Baker in 2020

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MBW's Trailblazers series meets Leander Kirschner, founder and CEO of Berlin-based independent music company Bamboo Artists.

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Company’s total raised to date – including equity financing, debt financing, and asset-backed securities (ABS) sales – comes to $435m

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Chrysalis Records, which is part of the Reservoir group of companies, has hired former senior Sony executive Colin Rice to the position of Director, Catalogue Marketing. Based in the company’s London offices, Rice will report directly to James Meadows, Senior Vice President of Marketing.

The program will include a week-long training stint at SM Universe’s main campus in Seoul

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"I've spent my entire career building tech that puts power back in people's hands - that's what got me excited about The People's Bid"

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Holt has spent a total of 34 years with the company

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However, Drake's legal petition against Universal Music Group will remain active in a Texas court

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